10 Oct 2018 09:21
10 October 2018
Kubera Cross-Border Fund Limited
Capital Distribution
Kubera Cross-Border Fund Limited (the "Fund") is pleased to announce that the Board of Directors has declared a distribution of capital of US$ 5,486,716 to all shareholders of the Fund. The distribution will consist of a payment of US$ 0.05 per ordinary share ("share") payable in cash from the Fund's share premium account.
The shares will be marked "ex" on 18 October 2018 and will be paid to shareholders who are recorded on the register on 19 October 2018. The payment date shall be 2 November 2018.
The distribution of US$ 0.05 per share represents an amount equal to 16% of the Fund's closing share mid-price of US$ 0.31 as 5 October 2018. The Fund's unaudited net asset value as at 30 June 2018 was US$ 0.36 per share.
For more information, contact:
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett/ Jamie Barklem/ Ben Roberts
Tel.: +44 (0) 20 7383 5100
Email: philip.j.secrett@uk.gt.com
Numis Securities Limited (Broker)
David Benda, Managing Director
Tel.: +44 (0) 20 7260 1275
Email: d.benda@numis.com
FIM Capital Limited (Administrator, Registrar & Secretary)
Philip Scales, Director
Tel.: +44 (0) 1624 681250
Email: pscales@fim.co.im
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.